(EnergyAsia, July 26 2010, Monday) — Oil market summary for week of July 19 to 23, by Darrell Delamaide for OilPrice.com. Prices of crude oil futures slumped below $79 a barrel on Friday July 23 despite a stock market rally and the rise of Tropical Storm Bonnie in the Gulf of Mexico. The downward turn […]

(EnergyAsia, July 20 2010, Tuesday) — The International Bunker Industry Association (IBIA), the 600-member worldwide bunkering confederation with consultative status at the International Maritime Organisation (IMO), said it concluded its inaugural Bunker Cargo Officer Course in Singapore. The association awarded certificates of competency to its first batch of graduates, Chen Chao, Mohamed Riszuan and Shahrizal […]

(EnergyAsia, July 12 2010, Monday) — By Darrell Delamaide for Oilprice.com. Crude oil futures finished the week ending Friday July 9 on a positive note, tracking stocks upward after hitting the low for a month earlier in the week. The benchmark West Texas intermediate contract settled Friday at $76.09 a barrel, up 65 cents […]

(EnergyAsia, July 7 2010, Wednesday) — Wartsila, Finland’s ship power systems integrator, said it has signed a contract to supply a complete ship power system for a new wind turbine installation vessel (WTIV) to Lamprell plc of the UAE. Wartsila said it has been selected for its low fuel consumption, environmentally sound technology, and global […]

(EnergyAsia, July 6 2010, Tuesday) — The following article was written by Jim Driscoll, a geothermal expert with Victoria, Australia-based Hot Dry Rocks Pty Ltd. He was responding to EnergyAsia’s question on how Asia can exploit its enormous geothermal potential to produce this free and clean source of energy. “Geothermal energy has long been utilised […]